Stantec Inc. $STN Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC lessened its stake in shares of Stantec Inc. (NYSE:STN) (TSE:STN) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 318,736 shares of the business services provider’s stock after selling 10,120 shares during the quarter. Clearbridge Investments LLC owned about 0.28% of Stantec worth $30,076,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of STN. Alliancebernstein L.P. grew its holdings in Stantec by 82.4% during the 2nd quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock valued at $374,871,000 after buying an additional 1,558,703 shares during the last quarter. Norges Bank acquired a new stake in Stantec during the 4th quarter valued at $124,217,000. Principal Financial Group Inc. grew its holdings in Stantec by 126.0% during the 4th quarter. Principal Financial Group Inc. now owns 932,025 shares of the business services provider’s stock valued at $88,066,000 after buying an additional 519,545 shares during the last quarter. Bank of America Corp DE grew its holdings in Stantec by 80.4% during the 3rd quarter. Bank of America Corp DE now owns 870,352 shares of the business services provider’s stock valued at $93,824,000 after buying an additional 387,927 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in Stantec by 44.5% during the 3rd quarter. Legal & General Group Plc now owns 802,897 shares of the business services provider’s stock valued at $86,609,000 after buying an additional 247,087 shares during the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Finally, Royal Bank Of Canada raised their price objective on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.00.

Stantec Price Performance

Shares of Stantec stock opened at $74.00 on Wednesday. Stantec Inc. has a twelve month low of $72.46 and a twelve month high of $114.51. The stock has a market capitalization of $8.44 billion, a P/E ratio of 23.72 and a beta of 0.98. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average price is $83.47 and its 200 day moving average price is $90.66.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts anticipate that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.245 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. Stantec’s dividend payout ratio (DPR) is presently 22.44%.

Stantec Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.